Andrew Carnegie

Paper Summary:

Andrew Carnegie helped build the formidable American steel industry and then sold his steel business and systematically gave his collected fortune away to cultural, educational and scientific institutions for "the improvement of mankind." This paper examines the way in which Carnegie, who was one of the first industrialists to use scientists to research his own business, came to be the wealthiest man of his time, in the world.

From the Paper:

"During his final years, Carnegie spent most of his time in endeavors to promote world peace. He built both the Pan American Union building in Washington D.C. and the Hague Peace Palace, in the Netherlands to support international peace. The outbreak of World War I was devastating to him, and he died August 11, 1919 in Lenox, Massachusetts. By the time he died, Carnegie had given away $350,695,653 and had given another $30,000,000 to foundations, pensions and charities. Andrew Carnegie is considered one of the greatest philanthropists in the world and one of the wealthiest men who ever lived (http://www.carnegie.lib.oh.us/andrewcarnegie.htm)."

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